ETH traders aim for $3.2K following the emergence of a ‘golden cross,’ while derivatives data tells a different story.

Key Highlights Ethereum (ETH) struggled to surpass the $2,600 mark as trader sentiment remains weak, according to futures and options data. Despite the growth of Ethereum’s Layer 2 solutions, this has not translated into heightened ETH demand due to lower trading fees. The recent introduction of a Solana ETF has weakened ETH’s position as a […]
Ether set for $3.2K breakout, Coinbase exec urges SEC reform: Finance Redefined – Cointelegraph

Donald Trump's victory in the US presidential election triggered a wave of investor appetite for risk-on assets such as cryptocurrencies, setting Ether poised to breach $3,200 in the near term, according to market analysts. That's what it means. The Republican victory also sparks optimism for clearer crypto regulation over the next four years and galvanizes […]